Since the start of 2019, the introduction of security token had been looming large in the cryptocurrency space. Vinny Lingham, CEO of Civic, had recently stated that as security tokens enter the mainstream crypto ecosystem, the “crypto-bubbles” are likely to disappear. Tone Vays, however, had a different perspective on the security token’s place in the virtual asset industry. He stated that it was safer for a token to be a security on a centralized market and not a decentralized blockchain. Virtual currencies are all based on a decentralized blockchain. He said that it would be impossible for Bitcoin to be a security ... (full story)